Cruiser Capital Advisors LLC Purchases 3,737 Shares of CompoSecure, Inc. (NASDAQ:CMPO)

Cruiser Capital Advisors LLC lifted its holdings in CompoSecure, Inc. (NASDAQ:CMPO) by 15.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 27,547 shares of the company’s stock after buying an additional 3,737 shares during the period. Cruiser Capital Advisors LLC’s holdings in CompoSecure were worth $422,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in CMPO. Vanguard Group Inc. raised its position in CompoSecure by 33.7% in the fourth quarter. Vanguard Group Inc. now owns 1,410,934 shares of the company’s stock worth $21,630,000 after acquiring an additional 355,427 shares during the period. KLP Kapitalforvaltning AS bought a new position in CompoSecure in the 4th quarter worth $75,000. Intech Investment Management LLC purchased a new position in CompoSecure during the fourth quarter valued at $251,000. Counterpoint Mutual Funds LLC bought a new stake in CompoSecure during the fourth quarter valued at about $471,000. Finally, Royce & Associates LP purchased a new stake in CompoSecure in the fourth quarter worth about $1,730,000. Hedge funds and other institutional investors own 37.56% of the company’s stock.

Analysts Set New Price Targets

CMPO has been the topic of a number of analyst reports. Lake Street Capital lowered their price objective on CompoSecure from $18.00 to $15.00 and set a “buy” rating on the stock in a research report on Thursday, March 6th. Needham & Company LLC lowered their price target on shares of CompoSecure from $16.00 to $15.00 and set a “buy” rating on the stock in a report on Thursday, March 6th. TD Cowen began coverage on shares of CompoSecure in a research note on Wednesday, December 18th. They issued a “buy” rating and a $20.00 price objective for the company. Finally, JPMorgan Chase & Co. lowered their target price on shares of CompoSecure from $16.00 to $15.00 and set a “neutral” rating on the stock in a research note on Thursday, March 6th. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, CompoSecure has a consensus rating of “Moderate Buy” and a consensus target price of $16.19.

Insider Buying and Selling

In other news, insider Adam Joseph Lowe sold 5,000 shares of the business’s stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $11.01, for a total value of $55,050.00. Following the sale, the insider now directly owns 1,481,036 shares in the company, valued at $16,306,206.36. The trade was a 0.34 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Joseph J. Deangelo purchased 45,045 shares of the stock in a transaction that occurred on Monday, March 17th. The stock was acquired at an average cost of $11.12 per share, with a total value of $500,900.40. Following the acquisition, the director now owns 45,045 shares in the company, valued at $500,900.40. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. Over the last three months, insiders have bought 704,421 shares of company stock worth $10,929,922 and have sold 34,340 shares worth $430,701. 74.99% of the stock is owned by company insiders.

CompoSecure Stock Up 1.9 %

Shares of CMPO stock opened at $11.51 on Tuesday. The company’s fifty day simple moving average is $14.14 and its two-hundred day simple moving average is $14.55. CompoSecure, Inc. has a 52 week low of $5.98 and a 52 week high of $17.71. The stock has a market cap of $1.18 billion, a P/E ratio of -26.16, a PEG ratio of 2.63 and a beta of 0.77.

CompoSecure Profile

CompoSecure, Inc manufactures and designs metal, composite, and proprietary financial transaction cards in the United States and internationally. Its primary metal form factors include embedded, metal veneer lite, metal veneer, and full metal products. The company also offers Arculus Cold Storage Wallet, a three-factor authentication solution, which supports specific digital assets, including Bitcoin, Ethereum, non-fungible tokens and others.